Lenovo - Growing Greater With Mergers and AcquisitionsPosted by Tychsen Nelson on July 6th, 2021 Lenovo - Incessantly Delivering Sturdy and Reliable Range of Memory Products: Lenovo, or Lenovo Group Limited, is a Chinese multinational company with home office in Beijing, China, along with North Carolina, United States. Originally started in 1984 in Beijing as Legend, they are now identified (since 2004) as Lenovo. Additional info , the company operates along with 27, 000 employees inside around 60 countries and the products reach about one hundred sixty countries worldwide. They generated almost billion throughout 2012, with 2 million in net income and . 86 billion in total assets. About its Mergers as well as Acquisitions: Due to various mergers and acquisitions, Lenovo right now ranks as the world's major personal computer vendor. Notably, Lenovo acquired IBM's personal computer small business in 2005, which authorized them to gain access to foreign stores and improve their branding. That acquisition was valued with . 25 billion, by having an extra 0 million connected with IBM debt that Lenovo took on. As a result of this particular merger, Lenovo got often the ThinkPad brand, which was among IBM's most advanced PC manufacturing technologies, in addition to IBM's world distribution network. In order to additional focus on the personal computer industry, Lenovo sold its Smart phone and tablet division for 0 million in 2008, but made an about-face and bought it back these year for 0 mil. The mobile division is now ranked 3rd in China's mobile handset market. Afterwards in 2011, Lenovo and NEC created a joint venture to produce notebooks, with Lenovo and NEC owning a 51% and 49% stake, respectively. This shift was expected to expand Lenovo's sales into Japan. In more info of 2011 and 2012, Lenovo also merged with one of these smaller-name electronics and computer software companies: Median - German born electronics manufacturing company Digibras - Brazilian electronics corporation Stoneware - US-based software program company Rich Portfolio great for Performing Products: Currently, Lenovo regularly sells: Personal computers Tablet computers Smartphone Workstations Electronic storage area devices Servers IT managing software Smart televisions One of the most Purchased and Popular Among the Product Line: Of these, they are most well-known for their ThinkPad line of notebook computers and their Think Centre line of desktop pcs. website is actually a business-centric laptop computer with a boxy black design, originally a IBM product. Since Lenovo took over the brand via IBM sales of the ThinkPad brand has doubled. The Think Centre is a likewise business-centric desktop computer that was additionally an IBM product. Additionally , Lenovo offers the Think Server, Think Station, and Think Vision. These products are machines, workstations, and displays, respectively.Like it? Share it! More by this author |